Price: 5.44 | EMA7: 5.4 | EMA25: 5.55 | RSI14: 44.23 | Resistance: 7.48 | Support: 5.16 | Average Volume: 142323.78 | Volume Trend: Increasing
Based on the 4h chart of ARUSDT, I identify a bullish trend with a moderate pace. Here's my analysis:
* EMA7 and EMA25 are trending upwards, indicating a bull trend.
* RSI14 is 44.23, which is below the oversold threshold, indicating potential for further upward momentum.
* MACD is below zero, but the gap is narrowing, indicating a potential bullish reversal.
* The long-term resistance is at 7.48, and the short-term support is at 5.16.
My advice is to look for a long entry at:
* 5.34, near the EMA7 and EMA25 crossover, to ride the upward momentum.
* 5.44, at the current price, if you're entering a trend follower system.
For a spot buy, aim for:
* 5.16, the short-term support, to ride the upward bounce.
Please note that this is a moderate approach, and you should adjust your risk management and position sizing based on your trading strategy and market conditions.